Guinness, Grand Met Resist
Making Concessions for EU

BRUSSELS -- Guinness PLC and Grand Metropolitan PLC are resisting making any concessions to obtain regulatory approval from the European Union for their planned merger.

"We do not think that there is a competitive problem," said a Guinness spokesman. Therefore, "we don't believe that any concessions are necessary," he added. His comments came as the two drinks giants defended the merger at two days of hearings...